Unfortunately, many employers put stock in the faulty idea that bad credit is synonymous with bad morals. You know this is a ridiculous belief, but many leaders in the corporate world accept it as doctrine. It is not unheard of in these economic times for employers to perform credit checks on their staff, claiming that they are attempting to protect themselves from thefts and other crimes. There have been many cases recently in which people were actually let go from their jobs because of credit problems—even if those problems were the consequence of medical bills for a sick child or spouse.
Yes, you can lose your job because of poor credit, but what is even more common is that bad credit can prevent people from being given the job in the first place. If credit checks for existing employees are not yet common practice for all companies, still, most of them do utilize credit checks as part of their screening process for prospective employees.
If you are in need of credit repair, whatever the cause in your credit history may be, you cannot afford to wait around. Even if you have no plans to buy a house or car in the foreseeable future, repairing your credit cannot wait, as recent hiring and firing trends clearly demonstrate.
Your best option for fixing your credit is a basic process of sending out credit dispute letters. It is as simple as this:
1) Acquire a copy of your credit report.
2) Review the report, paying special attention to any item that may be reporting with an error in it.
3) Find a sample of what credit dispute letters should look like (also called credit repair letters or a credit dispute sample letter) online on the web.
4) Adapt that credit letter to the item you need to dispute and mail it to the reporting agency.
5) Await the results.
There is no reason you should pay an expensive credit repair service to generate these letters for you. You can quite easily make them on your own.
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